YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) Reaches New 12-Month High – Should You Buy?

YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $87.99 and last traded at $89.25, with a volume of 21873 shares trading hands. The stock had previously closed at $87.59.

YieldMax Semiconductor Portfolio Option Income ETF Stock Performance

The stock has a fifty day simple moving average of $74.57 and a two-hundred day simple moving average of $63.87. The stock has a market capitalization of $804.43 million, a price-to-earnings ratio of 32.25 and a beta of 2.17.

Hedge Funds Weigh In On YieldMax Semiconductor Portfolio Option Income ETF

A hedge fund recently bought a new stake in YieldMax Semiconductor Portfolio Option Income ETF stock. Sunbelt Securities Inc. acquired a new position in shares of YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 900 shares of the company’s stock, valued at approximately $50,000.

YieldMax Semiconductor Portfolio Option Income ETF Company Profile

CHPY is an actively managed ETF that seeks current income and capital appreciation by investing directly in a select portfolio of 15-30 semiconductor companies. It aims to generate income through an options portfolio on semiconductor companies and/or semiconductor ETFs.